- The amount of electricity generated by US utility-scale solar PV power plants is up more than 100% in 2014 over the same period in 2013, thanks to big projects, many of them highly productive, that have been coming online. A number of major factors made this possible, including the steep decline in the price of PVs. [Breaking Energy]
- About $1 billion in loans, under a UN initiative for poor countries to tackle global warming, is going toward the construction of power plants fired by coal. Japan gave the money to help its companies build three such plants in Indonesia, saying they burn coal more efficiently and are therefore cleaner than old coal plants. [The Philadelphia Tribune]
- Green Mountain Power is the world’s first utility to become a certified B Corp, or benefit corporation. The state’s largest electric utility has joined nearly two dozen other Vermont companies that have met a high standard for social and environmental consciousness, joining the ranks of such companies as Ben & Jerry’s. [vtdigger.org]
- While OPEC is helping drive down global oil prices, it’s having less success squeezing the $250 billion green energy industry. Clean power will receive almost 60% of the $5 trillion expected to be invested in new power plants over the next decade, because the US, China, Japan and the EU are all pushing for global limits on greenhouse gases. [Moneynews]
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